901 W. Sam Houston Boulevard is +/- 13.16 gross acres of land and six (6) four-plexes located in Pharr, TX on Sam Houston Boulevard between Jackson Road and Cage Boulevard. The property was originally developed as an multifamily condominium development that was only partially developed. The six four-plexes on the property are currently grossing approximately $11,350/month and netting approximately $7,250/month or $87,000/year. The remaining land could be built out in a four-plex concept, or potentially a multi-story apartment complex type of project, senior living, or other housing project.
The site is within a half mile of many national retailers including Lowes', Sam's, Wal-Mart, Top Golf, and many other smaller sized retailers and service businesses.
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